Hilton Grand Vacations (HGV) Operating Income (2017 - 2026)
Hilton Grand Vacations (HGV) posted Operating Income of -$768.0 million for Q2 2026, down 15.49% sequentially from -$665.0 million in Q1 2026, and down 6.96% YoY from -$825.5 million in Q2 2025.
Hilton Grand Vacations (HGV) Operating Income (2017 - 2026) Analysis & Trends
Hilton Grand Vacations has reported Operating Income for 10 years, with the latest figure at -$768.0 million in Q2 2026.
- Quarterly Operating Income fell 6.96% year-over-year to -$768.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$2.8 billion (down 2.12% YoY) and the FY2025 annual result came in at -$2.8 billion, down 4.42% from the prior year.
- Operating Income slipped to -$768.0 million in Q2 2026 per HGV's latest filing, from -$665.0 million in the prior quarter.
- Over five years, Operating Income peaked at -$85.0 million in Q3 2022 and troughed at -$1.3 billion in Q4 2022.
- A 5-year average of -$572.1 million and a median of -$658.0 million in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2024: Operating Income soared 46.4% in 2022, then plunged 322.73% in 2024.
- Over 5 years, Operating Income stood at -$1.3 billion in 2022, then grew by 3.42% to -$1.2 billion in 2023, then soared by 46.26% to -$668.0 million in 2024, then advanced by 3.14% to -$647.0 million in 2025, then retreated by 18.7% to -$768.0 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$768.0 million, -$665.0 million, and -$647.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | 618.00 Mn |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | 503.64 Mn |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 297.59 Mn |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | 513.00 Mn |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | 200.70 Mn |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | 494.13 Mn |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | 132.00 Mn |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | -768.00 Mn |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 136.00 Mn |
| 10 | PENN Entertainment | 2.49 Bn | 1.60 Bn | 1.02 Bn | 131.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -768.00 Mn |
| Mar 31, 2026 | 84.00 Mn |
| Dec 31, 2025 | 299.00 Mn |
| Sep 30, 2025 | 121.00 Mn |
| Jun 30, 2025 | -147.00 Mn |
| Mar 31, 2025 | -135.00 Mn |
| Dec 31, 2024 | 267.00 Mn |
| Sep 30, 2024 | 164.00 Mn |
| Jun 30, 2024 | 46.00 Mn |
| Mar 31, 2024 | -161.00 Mn |
| Dec 31, 2023 | -244.00 Mn |
| Sep 30, 2023 | 137.00 Mn |
| Jun 30, 2023 | 120.00 Mn |
| Mar 31, 2023 | 114.00 Mn |
| Dec 31, 2022 | -400.00 Mn |
| Sep 30, 2022 | -85.00 Mn |
| Jun 30, 2022 | -3.00 Mn |
| Mar 31, 2022 | 98.00 Mn |
| Dec 31, 2021 | -2.16 Bn |
| Sep 30, 2021 | 155.00 Mn |